UGI Corp. acquires LP gas business from BP

AmeriGas’ parent company, UGI Corp., completed its acquisition of BP’s liquefied petroleum gas (LP gas) distribution business in Poland through subsidiary company Flaga GmbH. Terms of the transaction were not disclosed.

According to a press release, BP’s Polish LP gas business distributed more than 150 million gallons of LP gas in 2012 while serving the residential, commercial, propane autogas and wholesale segments. UGI says it distributed more than 600 million gallons of LP gas throughout Europe last year.